Turkey, Azerbaijan sign $7b gas pipeline deal

Turkey, Azerbaijan sign $7b gas pipeline deal

PanARMENIAN.Net - Turkey and Azerbaijan signed a deal to build a $7 billion Trans-Anatolian natural gas pipeline (TANAP) to carry Azeri gas to European markets, Hurriyet Daily News reported.

“We firmly support the southern natural gas corridor projects that envisage transferring natural gas from the Caspian basin and Central Asia to Europe via alternative routes, in order to provide our own energy supply security and to contribute to the energy supply security of Europe,” Turkish Prime Minister Recep Tayyip Erdoğan said.

He had previously said the project would pump gas not only from the Shah Deniz field, but also from other resources owned by Baku in the Caspian. “It will also be possible for Turkmenistan to ship gas to this project,” he added.

 Top stories
Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive.
In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million).
The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot".
The earthquake caused a temporary blackout, damaged many buildings and closed a number of rural roads.
Partner news
---